Highly Profitable Taxi Business In Shropshire | | Undisclosed Shropshire | | Based from home, 9 vehicles providing Hackney and Private Hire. Est. over 5 yrs, t/over £136k pa, net profits in excess of £50k to working owner. Great opportunity. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 43690
ADVERT IMPRESSIONS : 24,599 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | Offers Invited | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is currently run from the owner’s home in Ludlow, Shropshire and as such is easily relocatable. Many contracts and fares are local to the premises and so re-location of the business would ideally be within the vicinity.
THE BUSINESS
The current owners established this business over 3 years ago and in that time they have worked hard and built up a very busy, successful operation. Their current trade consists of a combination of hackney carriage and private hire fares covering both the local area and long distance destinations. There are a number of contracts in place servicing the local council, Arriva Train Company and other local businesses. The hackney carriage side of the business operates from a taxi rank and covers a pre-determine zone, established by the council.
The owner and her partner operate the business in terms of taking bookings and securing contracts, and are also drivers within the business. In addition, they employ 1 full-time and 5 part-time drivers to assist them. All drivers are police checked and conform to strict regulations laid down by the council.
The business currently operates 9 vehicles, 6 of which are owned out right by the vendor and 3 under a hire purchase agreement. These vehicles are subject to separate negotiation with the owner and are not included in the asking price. All vehicles are registered with the council, fully plated and are maintained and checked within the 6 monthly guidelines.
From accounts provided by the owner, we understand turnover for the last financial year ending March 10 to be £136,000. This generated a healthy net income for the working owner. The figures for the foreseeable future show a healthy increase in turnover and also profit. In our opinion, this is a good opportunity to purchase a thriving business which could either be bolted on to an existing taxi firm or run independent as it is currently.
| | | | | | FOR SALE | | | | | REFERENCE: | DS9392 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
